Filing Flows › GXO Logistics (GXO) › Q2 2026 › vs Q2 2025
GXO Logistics (GXO) Q2 2026 vs Q2 2025 (year over year)
GXO Logistics's revenue rose $142M (+4%) from $3.3B in Q2 2025 to $3.4B in Q2 2026. The biggest changes: Other +$66.0M (+30%); Consumer packaged goods +$41.0M (+14%); Technology and consumer electronics +$37.0M (+9%). Operating margin 2.2% against 2.7% (-0.5 pts).
GXO Logistics, Q2 2026: revenue $3.4B (+4% year over year), operating margin 2.2%, net earnings $27.0M, operating cash flow $76.0M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 2.2% | 2.7% | -0.5 pts |
| Net margin | 0.8% | 0.8% | -0.1 pts |
| Free cash flow margin | 0.3% | -1.3% | +1.7 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| E-Commerce, Omnichannel and Consumer Technology | $1.6B | $1.6B | $11.0M | +0.7% |
| Technology and consumer electronics | $439M | $402M | $37.0M | +9% |
| Industrial and Manufacturing | $408M | $403M | $5.0M | +1% |
| Food and beverage | $341M | $359M | −$18.0M | -5% |
| Consumer packaged goods | $331M | $290M | $41.0M | +14% |
| Other | $285M | $219M | $66.0M | +30% |
| Revenue | $3.4B | $3.3B | $142M | +4% |
| Operating profit | $77.0M | $89.0M | −$12.0M | -13% |
| Costs & expenses | $3.4B | $3.2B | $154M | +5% |
| Pre-tax earnings | $48.0M | $43.0M | $5.0M | +12% |
| Other expense, net | $29.0M | $46.0M | −$17.0M | -37% |
| SG&A | $295M | $272M | $23.0M | +8% |
| Other operating costs | $3.1B | $2.9B | $131M | +4% |
| Net earnings | $27.0M | $28.0M | −$1.0M | -4% |
| Income tax | $21.0M | $15.0M | $6.0M | +40% |
| Operating cash sources | $157M | $149M | $8.0M | +5% |
| Depreciation & amortization | $117M | $110M | $7.0M | +6% |
| Share-based compensation | $13.0M | $11.0M | $2.0M | +18% |
| Working capital & other | $81.0M | $146M | −$65.0M | -45% |
| Operating cash flow | $76.0M | $3.0M | $73.0M | 25× |
| Free cash flow (OCF − capex) | $11.0M | −$44.0M | $55.0M | — |
| Capital expenditures | $65.0M | $47.0M | $18.0M | +38% |
Questions
How much did GXO Logistics's revenue grow year over year in Q2 2026?
GXO Logistics's revenue rose $142M (+4%) from $3.3B in Q2 2025 to $3.4B in Q2 2026.
What drove GXO Logistics's revenue change in Q2 2026?
Other +$66.0M (+30%); Consumer packaged goods +$41.0M (+14%); Technology and consumer electronics +$37.0M (+9%).